By Matt Jarzemsky and Mike Spector
Chassix Inc., a supplier of steering knuckles, control arms and brake components to large auto makers, is working to finalize a restructuring plan with creditors and seek bankruptcy protection as soon as next week, said people familiar with the matter.
By Matt Jarzemsky
Filing could come in next few weeks as rout in oil prices hit company
Oil-and-gas contractor Cal Dive International Inc. is preparing for a potential Chapter 11 bankruptcy filing that could come as soon as the next few weeks, people familiar with the matter said, as the oil-price rout exacerbates the company's business challenges.
By Matt Wirz And Christopher Whittall
A bid by two global banks to sell bonds for Argentina in London collapsed, delivering a fresh setback to the cash-strapped South American nation amid a long-running feud with creditors.
By Matthew Dalton
BRUSSELS--Anheuser Busch InBev on Thursday reported its net profit inched up in the fourth quarter, as economic recovery in the U.S. helped offset the impact of a stronger dollar that hurt sales elsewhere in the company's global beer empire.
By Matthew Dalton
EU says tax incentives provided by State of Washington broke international trade rules
BRUSSELS--The European Union on Friday filed a complaint at the World Trade Organization alleging that tax incentives provided by the state of Washington to U.S. aviation giant Boeing Co.
By Matthew Lynn
Watch out for Spain, Syria, Russia and rotary-dial phones
"The horse is here to stay, but the automobile is only a fad," the president of the Michigan Savings Bank told Henry Ford's lawyer in 1903, advising him not to put any money into his client's new-fangled technology.
By Max Colchester and Margot Patrick
LONDON-- HSBC Holdings PLC on Monday reported a sharp fall in full-year net profit and lowered its financial targets for the coming years as it struggles to digest rising regulatory costs.
By Max Colchester And Nick Winning
The U.K. government is considering imposing penalties on companies that facilitate tax evasion, treasury chief George Osborne said on Monday, during a parliamentary debate about HSBC Holding PLC's Swiss tax affairs.
By Max Colchester
HSBC Holdings PLC's Chief Executive Stuart Gulliver was dragged Sunday into a tax-avoidance scandal swirling around the bank after a newspaper alleged that he had held funds in a Swiss account via a Panamanian company.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.